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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we start out with a look at the moves in 2 year yields and the drop in the US dollar and commodities (page 1). We follow up with a recap of the latest new home sales numbers (page 2) and how affordability has changed (page 3). Afterward, we update our Five Fed Manufacturing composite with the addition of the Kansas City Fed (page 4) before turning over to current account (page 5) and Fed balance sheet data (page 6). We finish with a review of today’s 10 year TIPS sale (page 7).
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